Brazil’s financial market developments bear watching for the light that they might shed on US and French financial market prospects. Like the US and France, Brazil is on an unsustainable public-debt path and has a government

A Brazilian Economic Canary In The Coal Mine

Oct 28, 2026, 1:05 AM ETEWZ, BRF, EWZS, FLBR, BRZU, BZQ, EWQ, AFMC, AFSM, ARKK, AVUV, BAPR, IVOO, IVOV, IVV, IVW, IWC, IWM, IWN, IWO, IWP, IWR, IWS, IYY, QQQ, SPLV, SPMD, SPMO, SPSM, SPUS, SPUU, SPVM, QVMT, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SPYD, SPYG, SPYV, SPYX, SQLV, SSO, SSPY, SVAL, SYLD, TMDV, TPHD, TPLC, TPSC, UAUG, UJAN, UMAR, UMAY, UOCT, UPRO, USMC, USMF, USVM, MAGS, VOO

Desmond Lachman

710 Followers

Summary

Brazil’s financial market developments bear watching for the light that they might shed on US and French financial market prospects.

Under Lula’s most recent term in office, Brazil’s ratio of public debt to GDP rose by 10 percentage points to its present level of 82 percent.

The prospects for deficit reduction…